Locate the Treasury issue in Figure 6.4 maturing in February 2043. Assume a par value of $1,000. a. What is its coupon rate? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 3 decimal places, e.g., 32.161. b. What is its bid price in dollars? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e. g., 32.161. c. What was the previous day's asked price in dollars? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161. \table[[a. Coupon rate,], [b. Bid price,], [c. Asked price,]]
Locate the Treasury issue in Figure 6.4 maturing in February 2043. Assume a par value of $1,000. a. What is its coupon rate? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 3 decimal places, e.g., 32.161. b. What is its bid price in dollars? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e. g., 32.161. c. What was the previous day's asked price in dollars? Note: Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161. \table[[a. Coupon rate,], [b. Bid price,], [c. Asked price,]]
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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